Investment Partners LTD. Makes New $25.89 Million Investment in iShares Russell 1000 Value ETF $IWD

Investment Partners LTD. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 104,438 shares of the exchange traded fund’s stock, valued at approximately $25,893,000. iShares Russell 1000 Value ETF accounts for about 4.0% of Investment Partners LTD.’s holdings, making the stock its 3rd largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Baird Financial Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 2.7% in the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after acquiring an additional 165,599 shares during the period. Greenleaf Trust raised its holdings in shares of iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares in the last quarter. Stairway Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $326,735,000. Fifth Third Bancorp lifted its position in shares of iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after purchasing an additional 910,889 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares Russell 1000 Value ETF by 5.3% in the 1st quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after purchasing an additional 45,283 shares during the period. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $258.65 on Friday. The firm’s 50 day moving average price is $254.79 and its 200-day moving average price is $238.12. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $260.82. The company has a market cap of $82.95 billion, a PE ratio of 18.83 and a beta of 0.84.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.